Mitt Romney no doubt appreciates the million bucks his former Bain Capital protégé Edward Conard has donated to his …
inequality
Should We Be “Celebrating” Equal Pay Day Today — or in January?
Today is a holiday that no one is interested in celebrating. No, not Tax Day; some people are proud to pay their taxes. I’m talking about Equal Pay Day, a sort of anti-holiday invented by the National Committee on Pay Equity to …
CEO Pay Up, Average Worker Not so Much
Disney’s Robert Iger got a 45% bigger bonus in 2010 (Phil McCarten/Reuters)
Executives in the corner office now make 62 times more than the average worker, and that’s just in bonuses alone.
A study done for the Wall Street Journal, found that incentive pay for the chief executive officers of 50 major corporations jumped 30% in 2010. …
The revolt of the lower upper class begins
Back in 2006, Matt Miller wrote a column for Fortune that seemed very clever to me at the time and now is looking downright prescient. The gist of it:
Here’s my outlandish theory: that economic resentment at the bottom of the top 1 percent of America’s income distribution is the new wild card in public life. Ordinary workers won’t rise
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